$SHIB is trying to push higher, but I’m not seeing a clean breakout yet. Price is sitting at 0.00000521, right around the visible MA60 at 0.00000520, so I’m watching whether buyers can hold this area and build some momentum.
The recent price action has been choppy, with a brief spike toward 0.00000523 followed by pullbacks. For me, 0.00000520 is the key level to watch, while 0.00000521–0.00000523 is the immediate area price needs to challenge. Volume is mixed, so I’d rather wait for clearer confirmation than chase the move.
📍 Entry: 0.00000520–0.00000521, only if price holds this zone 🎯 TP1: 0.00000521 🎯 TP2: 0.00000523 🎯 TP3: Not justified by the visible chart 🛑 Invalidation: Below 0.00000520
If price loses 0.00000520, I’d step away from this setup because the current attempt to hold above the MA60 would be weakening.
One thing to keep in mind: this screenshot shows a very short time window, so the setup is still uncertain. I want to see price hold its current area and make another move toward 0.00000523 before considering the momentum reliable.
The recent price action has been choppy, with a brief spike toward 0.00000523 followed by pullbacks. For me, 0.00000520 is the key level to watch, while 0.00000521–0.00000523 is the immediate area price needs to challenge. Volume is mixed, so I’d rather wait for clearer confirmation than chase the move.
📍 Entry: 0.00000520–0.00000521, only if price holds this zone 🎯 TP1: 0.00000521 🎯 TP2: 0.00000523 🎯 TP3: Not justified by the visible chart 🛑 Invalidation: Below 0.00000520
If price loses 0.00000520, I’d step away from this setup because the current attempt to hold above the MA60 would be weakening.
One thing to keep in mind: this screenshot shows a very short time window, so the setup is still uncertain. I want to see price hold its current area and make another move toward 0.00000523 before considering the momentum reliable.